Inside DFW Real Estate

Plano, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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monthly market update

Plano tightened to 3.5 months of inventory from 4.5, with active listings down 25.0% and a 24-day median time on market.

Closed sales fell 25.7% over the same period, so both sides of the market contracted at a similar rate rather than demand accelerating. The median eased 1.3% to $494,500, and homes closed at 96.0% of original list, unchanged from last August.

Plano, TX Housing Market Update – September 2026

Plano, TX Housing Market Update | Reporting Period: Aug 1–Aug 31, 2026 (August 2026 data) • Data via NTREIS

Key Highlights | Plano, TX Housing Market Update

Median Price: $494,500 (-1.3% YoY)
Closed Sales: 188 (-25.7% YoY)
Active Listings: 720 (-25.0% YoY)
Months of Inventory: 3.5 (-22.2% YoY)

What Sellers Need to Know

Active listings fell 25.0% year over year, which has substantially reduced direct competition.
Median days on market improved to 24 days, among the fastest absorption in the region.
Homes closed at 96.0% of original list price, unchanged from last August.
At 3.5 months of supply, Plano is meaningfully tighter than the 4.4-month Metroplex figure.

What Buyers Need to Know

With 3.5 months of supply and a 24-day median time on market, decisions need to be made promptly.
The median price eased 1.3% year over year, so pricing pressure has moderated.
Selection narrowed 25.0% year over year, so fewer options exist within any given price band.
Homes sold at 96.0% of original list price, indicating limited but real negotiating room.

PRICES
Plano's median sales price was $494,500 in August 2026, down 1.3% from August 2025. Homes sold at a median of 96.0% of original list price. For context, the DFW Metroplex median was $389,000 and the Texas median was $330,000.

SALES ACTIVITY
A total of 188 homes closed in August 2026, a decline of 25.7% from August 2025. Sellers brought 297 new listings to market, and 203 properties went under contract. Median days on market was 24, down 27.3% from a year ago. Closed sales fell 25.7% and new listings fell 23.3%, so both sides of the market contracted at a similar rate.

INVENTORY
Active listings totaled 720 at the end of August 2026, down 25.0% from August 2025. With 297 new listings against 188 closings, supply continued to build during the month.

MARKET BALANCE
Months of inventory stood at 3.5, compared with 4.5 in August 2025. That compares with 4.4 months for the DFW Metroplex and 5.4 months statewide. The inventory decline came from fewer homes being listed rather than from faster absorption, since closed sales also fell.

Plano Housing Market Outlook: Fall 2026

Plano tightened to 3.5 months of inventory from 4.5 a year ago, with active listings down 25.0%. Because closed sales fell 25.7% over the same period, the tightening reflects a contraction on both sides of the market rather than accelerating demand. New listings at 297 still exceeded the 188 monthly closings, so supply is rebuilding, though from a reduced base. The 24-day median time on market and 96.0% sale-to-original-list ratio both indicate an efficient market where correctly priced homes transact quickly. Plano's median of $494,500 sits well above the $389,000 DFW figure, so the local buyer pool is more sensitive to financing costs. Easing mortgage rates would likely draw sidelined buyers back before listing volume recovers, which would tighten conditions further.

Trending in Real Estate News

Realtor.com Research — The Best Time to Buy a Home Is the Week of Sept. 27 – Oct. 3 — Realtor.com's annual timing analysis names the week of September 27 through October 3 the most buyer-friendly week of 2026 nationally, with more active listings than earlier in the year and roughly $14,000 in savings on a median-priced home compared with the summer peak. The weeks immediately after are nearly as favorable.
MetroTex Association of REALTORS® — Monthly DFW Housing Market Reports — The regional association's own monthly data for the Dallas-Fort Worth Metroplex and Texas.
Zillow Research — Monthly Market Report — National sales and new-listing trends, useful for separating local movement from national conditions.
Redfin — 2026 Housing Market Mood: Buyers Cautious, Sellers Showing Up — Survey-based look at how buyers and sellers are approaching the market this year.

Numbers describe a market. They do not describe your home, your street, or your timeline. If you are weighing a move in Plano, Cindy and Cory Dunnican are glad to walk through what this data means for your specific situation — no pressure, no obligation. Get in touch with The Dunnican Team or call 972-679-1789.

Frequently Asked Questions

Is now a good time to sell a home in Plano?

The Plano market currently favors sellers. Months of inventory stood at 3.5 in August 2026, against 4.4 months for the DFW Metroplex and 5.4 months statewide. Active listings fell 25.0% year over year, and homes sold at a median of 96.0% of their original list price. Whether it is the right time depends on your price point and timeline, which is worth discussing against recent closings in your specific neighborhood.

Is now a good time to buy a home in Plano?

Plano had 720 active listings at the end of August 2026 and 188 homes closed during the month, which works out to 3.5 months of supply. The median sale price was $494,500, down 1.3% from a year earlier. Homes closed at 96.0% of original list price, so there was negotiating room on properties that had been listed a while.

How long are homes taking to sell in Plano?

Median days on market in Plano was 24 days in August 2026, down 27.3% from August 2025. That figure measures time from listing to an accepted contract and does not include the weeks between contract and closing.

Are home prices rising or falling in Plano?

The median sale price in Plano was $494,500 in August 2026, a change of -1.3% from August 2025. A median reflects the midpoint of what sold, so it moves when the mix of homes selling changes as well as when values change.

How competitive is the Plano housing market?

With 3.5 months of inventory, the Plano market favors sellers. Homes closed at a median of 96.0% of original list price and 203 properties went under contract during August 2026. Under 4 months of supply generally favors sellers, 4 to 5 months is balanced, and above 5 months favors buyers.

What is the median home price in Plano, TX?

The median sale price in Plano was $494,500 in August 2026. For comparison, the DFW Metroplex median was $389,000 and the Texas statewide median was $330,000.

How much housing inventory is available in Plano?

Plano had 720 active listings at the end of August 2026, down 25.0% from a year earlier. Against 188 closed sales, that represents 3.5 months of supply.

How does the Plano housing market compare to DFW and Texas overall?

Plano's median sale price of $494,500 compares with $389,000 across the DFW Metroplex and $330,000 statewide. Inventory stood at 3.5 months locally, versus 4.4 months for the Metroplex and 5.4 months for Texas.

Source: NTREIS MLS market trends (Aug 1–Aug 31, 2026) with August 2025 comparison metrics. Regional and statewide benchmarks from MetroTex Association of REALTORS® August 2026 Housing Reports.

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